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Indian rupee ends a tad higher as dollar slips after US midterms

MUMBAI: The Indian rupee ended modestly higher on Wednesday, aided by a weaker dollar and lower oil prices as investors assessed the impact of US midterm election results, while a Reuters poll showed expectations for depreciation of South Asian unit remained intact. The Indian rupee closed at 94.64 per dollar, up slightly from its close at 94.74 in the previous session. Democrats captured…

First reported by Business Recorder 1 source
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Image: Business Recorder
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  1. Business Recorder

    Indian rupee ends a tad higher as dollar slips after US midterms (opens Business Recorder in a new tab)

    MUMBAI: The Indian rupee ended modestly higher on Wednesday, aided by a weaker dollar and lower oil prices as investors assessed the impact of US midterm election results, while a Reuters poll showed expectations for depreciation of South Asian unit remained…